Pierce Brosnan’s “The November Man” has launched with a first-day gross of $862,000, signaling that the action thriller will probably turn in a modest performance over the Labor Day weekend.

Relativity is distributing “The November Man,” which opened in 2,774 theaters in North America on Wednesday.

Relativity acquired the title earlier this year for $3 million, in line with its model for low-risk, moderately budgeted films — aiming to reach an older audience that’s widely perceived as underserved and well aware of Brosnan. The film has received a B+ CinemaScore.

Early projections placed “The November Man” in the $9 million to $11 million range for the four-day holiday weekend. The only other wide opener is Universal’s found-footage horror film “As Above, So Below,” which opens Friday and is also expected to be a modest performer at 2,637 theaters.

Disney-Marvel’s holdover “Guardians of the Galaxy” is expected to top the chart for the second consecutive weekend and for its third time this summer, taking in between $12 million and $14 million over the Friday-to-Monday period. Paramount’s fourth weekend of “Teenage Mutant Ninja Turtles” should come in second in the $11 million to $13 million range.

“The November Man” centers on an ex-CIA agent who finds himself embroiled in a wide-ranging conspiracy. Production companies are Irish Dreamtime and Das Films in association with The Solution Entertainment Group, Palmstar Media Capital and Merced Media Partners.